Kajaria Ceramics FY26: ₹487cr PAT, ₹296.7cr buyback

Kajaria Ceramics Ltd has reported audited financial results for FY26, with a sharp rise in consolidated profitability and a set of capital allocation decisions that include a share buyback, dividends, and a capacity expansion plan.

The company said its Board met on April 30, 2026, to approve the results for the year ended March 31, 2026. Alongside the numbers, the Board recommended a final dividend, approved a tender offer buyback, and cleared a ₹210 crore capacity expansion at the Srikalahasti facility to strengthen its presence in southern India.

What the Board approved on April 30, 2026

The key decisions disclosed after the Board meeting were centred on returns to shareholders and investment for growth. The Board recommended a final dividend of ₹6 per equity share (face value ₹1 each), subject to shareholder approval at the ensuing Annual General Meeting.

In addition, it approved a share buyback of up to 21.50 lakh fully paid-up equity shares through the tender offer route. The buyback size is capped at ₹296.70 crore, with a buyback price of ₹1,380 per share.

Kajaria also approved a ₹210 crore capacity expansion at its Srikalahasti facility. The company positioned this capex as a move to strengthen its market position in southern India.

FY26 consolidated financial performance

Kajaria reported growth in consolidated revenue and a stronger improvement in profits.

On a consolidated basis, revenue from operations rose to ₹4,830.36 crore in FY26 from ₹4,635.07 crore in the previous year. Consolidated profit after tax (PAT) was ₹487.00 crore, compared with ₹300.02 crore a year ago, which the company said translates to a 62.32% year-on-year increase.

Basic EPS (consolidated) increased to ₹30.48 from ₹18.48 in the prior year, reflecting the earnings expansion reported for the year.

Auditor’s view on the results

Kajaria said its statutory auditors, M/s Walker Chandiok & Co LLP, issued an unmodified opinion on both standalone and consolidated financial results.

For investors, an unmodified opinion indicates that the auditors did not report material misstatements in the financial statements as presented, based on the audit procedures performed.

Dividend details: interim, final, and total payout

For FY26, the Board recommended a final dividend of ₹6 per share. During the year, the company paid an interim dividend of ₹8 per share.

That takes the total dividend for FY26 to ₹14 per share, compared with ₹9 per share in the previous year, as disclosed by the company.

The final dividend remains subject to shareholder approval at the forthcoming AGM.

Share buyback: structure, price, and promoter participation

The buyback approved by the Board is for up to 21.50 lakh shares, representing 1.35% of the total paid-up capital as of March 31, 2026. The tender offer buyback will be at ₹1,380 per share, for an aggregate amount not exceeding ₹296.70 crore.

Kajaria also disclosed that the buyback price represents a premium of 15.57% over the closing price on NSE and 15.73% over the closing price on BSE as of April 21, 2026.

A notable disclosure is that promoters and the promoter group have indicated they will not participate in the buyback.

Capacity expansion at Srikalahasti: ₹210 crore capex

Along with shareholder return measures, Kajaria approved a ₹210 crore capacity expansion at its Srikalahasti facility.

The company framed the investment as a step to strengthen its market position in southern India. The disclosure did not provide commissioning timelines or incremental capacity numbers, and investors will likely track subsequent updates for execution milestones.

Stock performance around the announcement: what was reported

The article data includes multiple snapshots of Kajaria’s share performance across different dates and time windows.

Ahead of the Board meeting that was scheduled to consider results, dividend, and a potential buyback, Kajaria Ceramics’ share price was reported to have closed at ₹1,202.70, up 0.72%.

Separately, a “historical stock returns” table in the provided data reported the following returns: 1 day -3.30%, 5 days -1.25%, 1 month +24.92%, 6 months -2.39%, 1 year +45.63%, 5 years +27.25%.

Another price line in the same data set showed ₹1,187.65 with a -3.30% move, indicating the figures are from different reference points. Readers should treat these as separate reported snapshots rather than a single continuous series.

Key numbers at a glance

Buyback terms at a glance

Why the FY26 update matters for investors

The FY26 disclosures bundle three distinct signals: stronger reported profitability, a cash-return decision (dividends plus buyback), and a manufacturing investment plan.

On the financial side, the rise in PAT to ₹487.00 crore and the jump in EPS to ₹30.48 provide a clear year-on-year improvement versus FY25 levels. On capital allocation, the total dividend of ₹14 per share and the proposed buyback of up to ₹296.70 crore together indicate a focus on shareholder distributions, while the Srikalahasti expansion points to management’s intent to support regional growth.

The next formal step on the shareholder payout side is the AGM approval required for the final dividend. The buyback proposal, as disclosed, provides the key parameters, including size, price, and the tender offer route.

Conclusion

Kajaria Ceramics closed FY26 with consolidated revenue of ₹4,830.36 crore and PAT of ₹487.00 crore, alongside Board-approved actions covering a ₹14 per share total dividend, a ₹296.70 crore tender offer buyback, and ₹210 crore capex at Srikalahasti. The company’s final dividend will be subject to shareholder approval at the ensuing AGM, while the buyback will proceed under the disclosed terms.